The Global Market for Food Processing Machinery and Equipment is Projected to Reach US$89 Billion by 2024
Rapid Demand for Processed Foods to Spur Growth in the Global Food Processing Machinery and Equipment Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Food Processing Machinery and Equipment market. The global market for Food Processing Machinery and Equipment is projected to reach US$89 billion by 2024 , driven mainly by the growing demand for convenient, safe, nutritious and clean label processed and packaged foods. The increasing importance of automation and advanced technologies is also expected to influence market growth. Food processing machinery and equipment has become an indispensable component of the food processing industry. Designed to transform raw food ingredients into food products using a variety of chemical and physical methods, food processing machinery, such as grinders, dryers, chillers, feeders, mixers...